#Commodities

[aseaofquotes]

Robin Wall Kimmerer, Braiding Sweetgrass

[anarchistin]

as a communist i do not care abstractly about questions like "will i be able to acquire this commodity at exactly the same rate in exactly the same locations" because the way they reach distribution centers is premised on exploitation, violence, and in many cases genocide

those people matter to me, the people whose lives were transformed into cogs for profit. for extraction. thats the relationship i want to change.

if that means less bananas fine. if it means more bananas fine. bananas arent the aim. emancipation is.

source

[vintagepromotions]

'The taxes you pay for the war To fight for peace is to fight against dear life'

French Communist Party poster (c. 1930).

[ahb-writes]

Fantasy Worldbuilding Questions (Trade, Commerce, and Industry)

Trade, Commerce, and Industry Worldbuilding Questions:

What is the primary currency in this world? Does each region have its own?

What is the standard (such as the gold standard) by which currency is valued?

Who has more relative trading power and why? Which commodities are valued the most?

Who is paid the most because their labor is valued highest? Who is paid the least? Or is labor compensated equally (and do pay grades vary by region)?

Where are the biggest centers of trade and industry? Why are they in these locations?

Where are the main trading routes and what are landmarks or places of interest along their way?

When was this world most or least prosperous, and why?

When business is conducted, what are the customs, signs of trust (like signatures on Earth), formalities?

Why is a specific trade more common than others (what context underpins it)?

Why are certain trades growing or waning in popularity?

❯ ❯ ❯ Read other writing masterposts in this series: Worldbuilding Questions for Deeper Settings

[lethimfertilise]

China Strikes Back

Responding to the US tariffs, China has made its move by introducing tariffs on about $22 billion worth of US goods, including agricultural commodities.

A brief analysis of losers and gainers, as always.

First, I believe China will make a significant move towards self-sufficiency in all major crops, including soybeans, corn, and wheat.

Second, let’s analyse the situation by product. In 2024, China imported a record 105.03 million metric tons of soybeans. The US supplied 22.13 million tons of these imports, while Brazil was China’s largest soybean supplier with 74.65 million tons. As mentioned above, I expect China to import more from Brazil while also increasing its local production.

Corn.  In 2024, China's corn imports experienced a significant decline, totalling approximately 13.77 million metric tons-a 49% decrease compared to the previous year. The US supplied 2 million tons of corn to China, comprising roughly 14.5% of China's total corn imports. Brazil took the lead, with China importing 6.5 million tons of Brazilian corn. Meanwhile, this presents a good opportunity for Ukraine to increase its share of Chinese imports if ceasefire talks proceed.

Wheat.  In 2024, China's wheat imports totalled approximately 11 million metric tons, reflecting a 7% decrease compared to the previous year. Australia, the US, and Canada were the main suppliers. I presume Canada may gain a greater share of the market, potentially taking over the US’s share, which amounted to 1.9 million metric tons in 2024.

#imstory #import #china #usa #brazil #ukraine #australia #corn #wheat #soyabeans #fertilizers #fertilisers #canada #tariffs #agricommodities #trump 

[forexgold28]

GOLD (XAU/USD) Market Update:

Gold has reached $2642, poised for further upside.

Uptrend Targets:

$2650-55 (initial resistance)

$2662 (next resistance)

Downtrend Support:

$2630-28 (initial support)

$2620 (key support)

Buying Opportunity:

Buy on dips towards $2630-28

Hold for $2655-62

Trading Strategy:

Long positions above $2642

Stop-loss below $2620

Risk Management:

Set stop-loss orders according to market volatility.

Monitor gold's movement closely and adjust trading strategies accordingly.

[forexfundmanagershilpa]

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[whump-help-desk]

What if your whumpee is hit by a chain on their lower back? What are the consequences?

[Post inspired by discussions in the Musketeers Garrison server about the possible consequences of Aramis being hit by the metallic chain during the skirmish in Commodities]

Depending on where the chain hits your whumpee, they may get:

Broken/bruised ribs

Due to the length of the chain, if multiple ribs break in multiple places, whumpee can get a flail chest (sharp, severe chest pain, difficulty in breathing, requires immediate medical attention)

Broken vertebrae/spine (can lead to permanent disability)

Internal bleeding (requires immediate medical attention)

Scars where the chain broke skin

Pissing of blood! This happens due to kidney injury. Depending on the extent of kidney damage, this symptom maybe harmless or very serious. In Grade 1 injury, basically there is a little contusion or a small amount of blood accumulates under the capsule. It resolves over time. In Grade 2 and 3, a small amount of blood collects around kidney. Again, they heal with time. In Grade 4, there is urine leakage and extensive laceration of the kidney blood vessels. It might require surgery. Grade 5 is a shattered or devascularized kidney with active bleeding. It's an emergency

Stiffness of movements (if there is a fight, this lack of agility on part of whumpee can prove costly)

Ignoring the injury for a long duration may cause:

Fever

Chills

Blurred vision

Nausea

Vomiting

Sometimes even convulsions

[tradermade]

Mixed start for global markets today! Explore: https://markets.tradermade.com/forex/forex-newsletter-mixed-start-with-kiwi-nok-gaining. Forex: $NZD & $NOK shine, $JPY & $CHF lag. Asia-Pac surges, Europe flat, US markets up. The energy picks up, and precious metals are mixed.

[crudeinourtrading]

Are We At The “Sweet Spot” to Buy Gold, Silver, and Bitcoin?

Charlotte of Investing News and Chris discussed how the stock market and precious metals will behave going into the end of the year. “I can have a bearish outlook on the markets yet still be in positions. I follow the trends, not opinions, news, projections, etc. No one knows what will happen. I let the charts paint the picture, analyze the information, invest accordingly, and manage the risk.”

Watch Today’s Free Video Here

[myfriendpokey]

That's right - it's the summer of sales. 50% off all objects, items, game units, and things of that nature.

Peace to all within the summer kingdom.

[michaud-joshua-x1496]

After putting Wisp back together, he wanted to give me some furniture, either something I don't have yet, or something pricey.

I chose the former, and you'd never be able to guess what he gives me;

Yes, a toilet.

And I figure I might as well say it for Wario;

So Ein Wisp! (So Ein Mist!)

[trader-sg112]

Gold Prices Hold Near One-Month Highs Amid Fed Rate Cut Speculation: Market Insights and Analysis

In the dynamic world of commodities trading, gold prices have recently been a focal point, with bullion prices hovering close to one-month highs and nearing the pivotal $2,400 per ounce mark. This surge comes amidst mounting speculation that the Federal Reserve will embark on interest rate cuts as early as September, a move aimed at bolstering economic recovery amidst persistent global uncertainties.

Gold's Resilience in Current Market Dynamics

Spot gold, a reliable indicator of market sentiment, experienced a slight dip of 0.3% in Asian trading, settling at $2,384.47 per ounce. Similarly, August gold futures saw a marginal decrease of 0.2%, trading at $2,392.55 per ounce. Despite these minor corrections, the overall sentiment remains bullish, underpinned by investor optimism fueled by expectations of monetary easing by the Fed.

Broader Metals Market Movements

Alongside gold, other precious metals also displayed mixed movements. Platinum futures declined by 0.6% to $1,039.25 per ounce, reflecting varied investor sentiment within the sector. Silver futures followed suit with a 1% drop to $31.370 per ounce, illustrating divergent market dynamics in the precious metals arena.

Impact of Dollar Weakness on Metal Prices

A significant factor influencing these movements was the weakening of the US dollar, which hit a near one-month low. The inverse relationship between the dollar and commodity prices was evident as the dollar's depreciation bolstered demand for commodities priced in USD, including gold and silver.

Copper's Surprising Rally

Contrary to the downward trend in precious metals, copper futures on the London Metal Exchange surged by 1% to $9,983.0 per ton. This unexpected rally underscores copper's critical role as an industrial metal, influenced by global economic indicators and infrastructure developments.

Market Outlook and Strategic Considerations

Looking ahead, market participants are closely monitoring upcoming economic data releases and Federal Reserve announcements for further clues on interest rate adjustments. The prospect of lower interest rates typically supports non-interest-bearing assets like gold, enhancing its appeal as a safe-haven investment during uncertain economic times.

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[thepowerisyouth]

I've been periodically updating my profile photo to show the increasing price of corn 'futures'. Just cause

[dreaminginthedeepsouth]

So we consider: The lilies of Jesus’ day were of the buttercup family, not like the Easter lilies that I depicted with Sumi ink, gold, and platinum. They were small, dainty flowers, that sprang up in the morning dew, and shriveled at night. They were like weeds. “They do not spin or toil” because they grew uncultivated anywhere and everywhere. These lilies were used to fuel fires because they were so spindly [….]

Jesus is telling us that these things we use and take for granted, like the arts, can have a central place in our conversation about the eternal. Because they are ephemeral and spindly, they ignite. Because they are throwaways, they serve a greater purpose. Precisely because the arts are useless, peripheral, and ephemeral, they are significant, essential, and permanent for God’s Kingdom. 

The arts are a gift, not a commodity. To the extent that we commoditize art and value art as the price dictates, to that extent we will devalue ourselves. To the extent that the arts are devalued in the church, to that extent we will dehumanize and devalue the gospel. We will end up “selling” the gospel as cheap, utilitarian merchandise, filling our mall-like churches with trinkets only worthy of 15 seconds of fame and attention.

Mako Fujimura, from “Consider the Lilies”